Writer and VC Nic Carter joins us to talk about Balaji's bet, Operation Chokepoint 2.0, and the Fed's financial crisis. We record our interviews with Riverside. Go to bit.ly/Riverside_MoZ + use code ZEN for 20%.

Check out the debut of Erik's new longform interview podcast Upstream. This coming season features interviews with Marc Andreessen (Episode 1 is live now), David Sacks, Ezra Klein, Balaji Srinivasan, Katherine Boyle, and more. Subscribe here: www.youtube.com/@UpstreamwithErikTorenberg

Timestamps:
(0:00) Intro
(3:00) Reflections on Balaji episode
(10:00) Coinbase and SVB
(14:00) Sponsors
(15:00) Operation chokepoint 2.0
(16:45) We find out the reason for Antonio’s circumcision
(25:00) Crypto banking crisis
(36:00) How much of crypto is new?
(38:40) Main benefits of crypto
(47:20) Finance is politicized
(55:00) Defining a CDBC
(1:02:00) Nic’s biggest crypto beef
(1:07:30) Nic’s take on Balaji’s bet
(1:12:30) Why crypto should vote republicans next election
(1:19:30) We’re in a financial crisis caused by the fed
(1:20:30) Our options for addressing the crisis
(1:27:00) If we were kings for a day how we’d solve it
(1:28:50) Nic would rather cut rates than raise rates
(1:30:00) AI is the U.S.’s main hope

Twitter:
twitter.com/moz_podcast
twitter.com/nic__carter
twitter.com/dwr
twitter.com/Antoniogm
twitter.com/eriktorenberg

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Thank you Graham Bessellieu for production.
Music License: IARG8KS8RXWCFSFL